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Showing 1 - 6 of 6 results for "Member Bank"

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... winner Paul Samuelson in 1948: "By increasing the volume of their government securities and loans and by lowering Member Bank legal reserve requirements, the Reserve Banks can encourage an increase in the supply of money and bank deposits. They can encourage ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
The Australian Banking Association has appointed Suncorp's chief executive as its new deputy chair. David Carter is taking the role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ...

CCMC chief executive appointed as lead ombudsman

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
The chief executive of the Code Compliance Monitoring Committee (CCMC) for the Code of Banking Practice, June Smith, will be leaving to expand her role at the Financial Ombudsman Service from July. Smith, who is also currently the general manager of ...

Australian consumption spending now top 5 in the region

Visa Australia says Australian consumption expenditure will top $1.4 trillion this year, following last year's level of $1.3 trillion. If Australia reaches its $1.4 trillion in consumption expenditure, it will be in the top five spenders in the Asia ...

ABA counters international non-compliance findings

The Australian Banker's Association (ABA) has spoken out after a report claims Australia is not compliant with anti-money laundering (AML) and counter-terrorist financing (CTF) proposals. The ABA has conceded that it is not surprised by the findings ...

ABA reports "pleasing" fall in banking ombudsman cases

The Australian Bankers' Association (ABA) has said it is pleased with the 13.3 per cent fall in the number of cases dealt with by the Banking Ombudsman, compared to last year. The fall was reported in the Banking and Financial Services Ombudsman (BFSO) ...
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